USDA June 30 Report, Corn Acreage
Commodity brokerage INTL FCStone on Tuesday projected U.S. 2017 corn production at 13.590 billion bushels, with an average yield of 162.8 bushels per acre (bpa).
As feedlots feed animals placed at heavier weight, feed conversion on a per-pound of gain basis will increase but overall industry use of grain will decrease.
Last week’s $8.50 rally in the cash market was sorely needed, but closeouts remain $29.65 per cwt. short of break even.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Conducting an inventory of your forage supplies now will give your a good idea of possible deficiencies and allow time to develop the best options for the upcoming feeding season.
Here are some tools that can make your field scouting effective, and more comfortable.